News

Kingston business defrauded of more than $600,000

A local company is out more than $600,000 after police say an employee took the cash to give to charities after she incurred huge debts… debts she caused.

Kingston Police said in a news release that the woman was in charge of the business’ finances for the past several years. During the same time the woman sat on the board of two Maxville charities secretary treasurer. While she was in the role both of the charities incurred huge debts due to errors on her part, police said.

In an effort to save the charities from falling into even more debt, the woman used her position at the Kingston business to funnel money from her employer to the organizations. Police say that over three years the woman transferred more than $600,000 to the charities’ bank accounts from the business.

Police first learned of the fraud on Dec. 18, 2017. Their investigation found that some of the money transferred was also used to cover some of the woman’s expenses she incurred in her role as secretary treasurer.

The woman was arrested at her home in Maxville, located just north of Cornwall, on Sunday.

The 52-year-old was charged with fraud over $5,000. She was taken to Kingston Police headquarters where she was later released on a promise to appear in court.